Yuanbao Inc.

Yuanbao Inc. (YB) priced its initial public offering on Apr 30, 2025 at $15.00 per ADS, and listed on Nasdaq. At the IPO price its market capitalization was about $676.2M. Goldman Sachs was lead-left underwriter, joined by Citigroup, CICC and US Tiger. Kirkland & Ellis, Maples and Calder and Han Kun advised the company and Latham & Watkins and JunHe advised the underwriters.

Yuanbao Inc. is an online insurance distributor in China that uses technology to distribute insurance products to consumers, with a focus on personal life and accident and health insurance.

Status

IPO

Ticker

YB

Exchange

Nasdaq

Priced

Apr 30, 2025

IPO price

$15.00 per ADS

Market cap at IPO price

$676.2M

First filed

Sep 16, 2024

Underwriters

Goldman Sachs, Citigroup, CICC and US Tiger

Company counsel

Kirkland & Ellis, Maples and Calder and Han Kun

Underwriters' counsel

Latham & Watkins and JunHe

Sector

Financials

Country / state

China

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.